Affiliated Managers Group Inc.
155.43 - 159.09
56.78 - 159.28
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Gucks du hier....SPRINTER AMG
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European Market Finishing higher yesterday, on optimism over global economic recovery. Cellnex Telecom rose 0.9%. The mobile phone mast operator launched a €7.0 billion capital raise. On the contrary, Uniper dropped 2.7%, after the energy company announced that both its Chief Executive Officer, Andreas Schierenbeck and Chief Financial Officer, Sascha Bibert, would leave the company with immediate effect. TeamViewer AG fell 2.5%. The software company announced that it has inked a partnership deal with Mercedes-AMG Petronas Formula One Team and Mercedes-EQ Formula E Team. Volvo declined 0.7%, after a top broker downgraded the stock to ‘Sell’ from ‘Neutral’. Cancom SE slid 0.1%, despite posting a rise in its fourth quarter revenue. The FTSEurofirst 300 index gained 0.7%, to settle at 1,659.1. The German DAX Xetra rose 1.3%, to settle at 15,008.6, while the French CAC-40 added 1.2%, to close at 6,088.0. .
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AMG is a global asset management company with equity investments in leading boutique investment management firms. AMG's strategy is to generate long-term value by investing in leading independent active investment managers, through a proven partnership approach, and allocating resources across the Company's unique opportunity set to the areas of highest growth and return. AMG's innovative partnership approach allows each Affiliate's management team to own significant equity in their firm while maintaining operational autonomy. In addition, AMG provides centralized assistance to its Affiliates on strategy, marketing, distribution, and product development. As of September 30, 2020, AMG's aggregate assets under management were approximately $654 billion, across a broad range of active, return-oriented strategies.
CEO: Jay Horgen
HQ: 777 South Flagler Drive West Palm Beach, 33401 Florida